NRF: Economy slowing, but recession unlikely — in ‘near term’The good news for retailers is that the nation is unlikely to enter into a recession during the remainder of 2022. FTC sues Walmart for alleged money transfer fraudWalmart is denying accusations from the Federal Trade Commission that it allowed scammers to defraud consumers via its money transfer services. Five (very) early holiday shopping predictions from Salesforce Physical stores will drive growth across all channels during the 2022 holiday shopping season. Walgreens drops plan to sell U.K.-based health and beauty chain Boots Instability in the global financial markets has caused Walgreens Boots Alliance to take its Boots business off the selling block. High gas prices crimp convenience store sales as traffic declines High gas prices are taking their toll on sales at convenience stores. High gas prices, inflation cut into consumers’ 4th of July plans Consumers plan on celebrating the 4th of July even as inflation concerns reach a new high, but they are making cutbacks. Foot Locker to sell team sales business to Varsity Brands’ BSN Sports Foot Locker is getting out of the high school and college team sales business as it continues to sharpen its focus on consumer sales. Grocery inflation having big impact on household budgets Consumers are limiting other spending to account for rising grocery prices. How to influence consumers despite inflation Consumers are cutting costs, but a new survey reveals two factors that still have a significant impact on their purchase decisions. Store closures drive higher net loss at Rite Aid Rite Aid Corp. reported an increasing net loss and decreasing revenues in a difficult first quarter of fiscal 2023. First Previous 142 143 144 145 146 Next Last
